India's G M Breweries down after Sept-qtr profit falls

G M Breweries

10/10/2024 08:30

** Shares of G M Breweries  GMBR.NS  fall nearly 3% to
835.60 rupees
    ** The liquor manufacturer's profit for quarter ended
September fell 3.1% Y/Y
    ** Revenue for September quarter up 0.2% Y/Y, slowest growth
since December 2020
    ** Stock down ~10% so far in October, after gaining for four
straight months
    ** GMBR up ~48% YTD

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))